# Gold standard

- Canonical URL: https://www.gerhardmerk.de/gold-standard
- Post ID: 593234
- Modified: 2023-07-25T21:00:28+00:00
- Language: en

## Definition

The linking of means of payment to the precious metal gold. - In the gold circulating currency (gold bullion standard), the money consists only of curant coins. - In the gold core currency (limping gold standard), silver as well as paper money redeemable at any time in precious metal is in circulation in addition to gold. A fixed amount of gold in relation to the money supply is fixed. Here, the holder of a banknote must accept payment in silver within the existing legal framework. - In the case of the gold exchange standard, cover is provided not only by gold but also by claims on foreign central banks, which can be redeemed in gold at any time. - See premium, banking theory, cash, chrysocracy, precious metal, money, private, money veil, gold bug, gold reserves, urukagina rule, currency, note bank. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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